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Calculating capital gains tax in Pakistan on shares and immovable property is a vital part of tax planning for 2026. The Federal Board of Revenue (FBR) uses a “holding period” logic: the longer you own an asset, the less tax you generally pay upon its sale. However, for assets acquired after July 1, 2024, the […]

Understanding provincial sales tax in Pakistan (PRA, SRB, KPRA) is vital for service providers like lawyers, consultants, and restaurant owners. In 2026, provinces have moved toward higher standard rates while offering significant discounts for digital payments. Because each province has its own law, a service rendered in Peshawar (KPRA) might be taxed differently than the

Determining professional tax in Pakistan: Who is liable to pay? depends entirely on your province of practice and your professional category. In 2026, all four provinces utilize this tax to fund local infrastructure and municipal services. Because the rates are fixed or based on turnover/capital rather than net profit, even loss-making businesses must pay the

Obtaining a 7E tax certificate in Pakistan for property sale is the final hurdle in most real estate transactions today. In 2026, the Federal Board of Revenue (FBR) enforces Section 236C(2A), which prohibits any property transfer unless the seller provides proof of 7E compliance. Because the system now distinguishes between “Exempt” properties and “Taxable” ones,

Understanding the tax on rental income in Pakistan: Filer vs. Non-filer rates is essential for property owners seeking to maximize their investment returns. In 2026, the FBR treats rental income as a separate block of income for individuals and AOPs, provided the amount does not exceed certain thresholds. Because the government incentivizes formal documentation, “Active

Successfully completing company tax registration in Pakistan with SECP and FBR is the most critical milestone for any new corporate entity. In 2026, the government has streamlined this once-complex procedure into a unified digital workflow. Because the Securities and Exchange Commission of Pakistan (SECP) now shares data in real-time with the Federal Board of Revenue

Mastering how to do advance tax in Pakistan for companies is a mandatory requirement for all corporate entities whose last assessed tax was Rs. 1 million or more. In 2026, the FBR utilizes the Iris 2.0 system to monitor these payments strictly every quarter. Because the system bases the calculation on your previous year’s performance,

Understanding sales tax registration in Pakistan (GST) for new businesses is a critical step toward formalizing your commercial operations. In 2026, the Federal Board of Revenue (FBR) mandates that any business making “taxable supplies” must obtain an STRN to legally collect and deposit sales tax. Because the FBR has integrated sales tax into the Iris

Filing monthly sales tax returns in Pakistan on Iris is a mandatory compliance task for every business holding an active STRN. In 2026, the process follows a strict “10-15-18” timeline, meaning you must upload your sales data first before you can finalize your payment or submit the return. Because the Iris 2.0 portal now cross-references

An audit of financial statements in Pakistan for tax compliance allows the FBR to verify your business records. In 2026, the FBR uses “Digital Tax Audits” driven by Artificial Intelligence. The Iris 2.0 system cross-matches your data with bank records and utility providers in real-time. Consequently, the system flags discrepancies almost instantly. An audit is